Guideline Value

Corporate

Guideline Value for T.N.G.O. Colony 4th Main road

₹4400/sq.ft.

The guideline value for T.n.g.o. Colony 4th Main Road in Thalakanancherry village (Alandur SRO, Chennai zone) is Rs 4400 per sq.ft, effective 1 July 2024. It was Rs 4000 per sq.ft from 1 April 2023, a 10% change. The land classification is Residential Class I Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thalakanancherry

Village

Alandur

SRO

Residential Class I Type - II
History
Period Guideline Value
From 1-7-2024 ₹4400 /sq.ft.
From 1-4-2023 ₹4000 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹2680 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹4000 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹1700 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061
044-22240222
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on T.n.g.o. Colony 4th Main Road

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T.N.G.O. Colony 4th Main road guideline value

The current guideline value for T.N.G.O. Colony 4th Main road is Rs 4,400 per sq.ft, effective from 1 July 2024. This street is located in Thalakanancherry village under the Alandur SRO, classified as Residential Class I Type - II.

How the guideline value of T.N.G.O. Colony 4th Main road has changed

The guideline value for T.N.G.O. Colony 4th Main road has undergone several revisions over the years. The 2007 revision set the value at Rs 1,700 per sq.ft, which increased significantly to Rs 4,000 per sq.ft in 2012. However, in 2017, the value dropped to Rs 2,680 per sq.ft, before rising again to Rs 4,000 per sq.ft in 2023. The latest revision in 2024 sees the value at Rs 4,400 per sq.ft, marking a 10% increase from the previous year.

From 2017 to 2023, the value increased by 49%, while the change from 2012 to 2017 was a decrease of 33%. The substantial rise from 2007 to 2012 of 135% reflects the fluctuations over the years. Overall, from 2007 to 2024, the guideline value has increased by 159%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Thalakanancherry

In Thalakanancherry, there are 318 streets under the Alandur SRO, with the 2024 guideline values ranging from Rs 2,200 to Rs 5,500 per sq.ft. The median guideline value for the village is Rs 3,900 per sq.ft, making the current value for T.N.G.O. Colony 4th Main road above this median.

Stamp duty and registration fee for property in T.N.G.O. Colony 4th Main road

For a 1,000 sq.ft plot at the current guideline value of Rs 4,400 per sq.ft, the total guideline value amounts to Rs 44,00,000. The stamp duty at 7% would be Rs 3,08,000, and the registration fee at 2% would be Rs 88,000, bringing the total cost for these fees to Rs 3,96,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

You can use our stamp duty and registration fee calculator for more detailed calculations.

Which Sub Registrar Office covers T.N.G.O. Colony 4th Main road?

The T.N.G.O. Colony 4th Main road falls under the jurisdiction of the Alandur Sub Registrar Office, located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061. To find your SRO, you can visit find your SRO.

How the guideline value is used when you buy or sell in Thalakanancherry

The guideline value plays a crucial role in the registration process when buying or selling property in Thalakanancherry. It serves as a benchmark for determining the stamp duty and registration fees that are applicable during the transaction.

When a property is sold, the guideline value is used to calculate the fees, ensuring that the transaction is recorded accurately and in accordance with the regulations set by the Registration Department. This helps maintain transparency and consistency in property transactions.

Frequently asked questions

What is the current guideline value for T.N.G.O. Colony 4th Main road?

The current guideline value for T.N.G.O. Colony 4th Main road is Rs 4,400 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has seen several changes, with the most recent increase of 10% from Rs 4,000 per sq.ft in 2023 to Rs 4,400 per sq.ft in 2024. The overall increase from 2007 to 2024 is 159%.

What is the land classification for T.N.G.O. Colony 4th Main road?

T.N.G.O. Colony 4th Main road is classified as Residential Class I Type - II.

What are the stamp duty and registration fees for this property?

For a property valued at Rs 44,00,000, the stamp duty is Rs 3,08,000 and the registration fee is Rs 88,000, totaling Rs 3,96,000. These fees are based on the guideline value.

Where is the Sub Registrar Office for T.N.G.O. Colony 4th Main road located?

The Alandur Sub Registrar Office is located at 12 Ist Main Road, Nanganallur Co-operative Society Lt, Nanganallur, Chennai-600061.